Schaeffler up on 'solid start of the year'

Schaeffler AG

05/05/2026 07:53

** Shares in Schaeffler SHA0n.DE rise 2.7% in early Frankfurt trade after reporting Q1 results above expectations

** The German car parts maker posted quarterly revenue of 5.76 billion euros ($6.73 billion) and operating profit of 285 million euros, both above a company-compiled consensus average

** JPMorgan says the co reported a "solid start of the year", and the focus now is on its initiatives to enhance earnings in the e-mobility segment

** The broker adds the negative cash flow is a typical seasonal trend and notes the co expects to achieve positive cash flow by the end of the year

($1 = 0.8561 euros)

 (Reporting by Emanuele Berro)

 ((emanuele.berro@thomsonreuters.com))